Dialog Group may trend higher after it formed another white candle and climbed above the MYR3.00 threshold. This can be viewed as a continuation of the bulls extending the rebound from 20 Dec’s “Bullish Engulfing” pattern. A bullish bias may emerge above the MYR3.00 level, with an exit set below the MYR2.72 threshold. Towards the upside, the immediate resistance is at MYR3.19. This is followed by the MYR3.31 level.

Source: RHB Securities Research - 27 Dec 2018